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Jan 28, 2013
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and they don't agree about military spending. they don't agree about what taxation should be, on and on and on. gun control. they don't agree. and on the other hand, you know, we have this sort of slow economy that makes it more difficult to cut a deal. and i should add to that a constitutional crisis, in a way, because this whole debt ceiling has been a weapon that the house of representatives has used to gain power. it's not just the republicans versus the democrats. it's the house versus the president. >> meanwhile, these markets are on fire. another good week for the market. the s&p 500 hitting a new five-year high. what is driving stocks? and do you think it's sustainable for the year? some of the risk has been pulled out of the of the market. so the most recent is three months. some of the ris ks. and maybe just that the election isn't determined. maybe some are happy. some are, some aren't. but it's solved. markets don't like uncertainty. so even though it wasn't very likely the european union would fall apart, even though
and they don't agree about military spending. they don't agree about what taxation should be, on and on and on. gun control. they don't agree. and on the other hand, you know, we have this sort of slow economy that makes it more difficult to cut a deal. and i should add to that a constitutional crisis, in a way, because this whole debt ceiling has been a weapon that the house of representatives has used to gain power. it's not just the republicans versus the democrats. it's the house versus the...
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Jan 29, 2013
01/13
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and obama tax rates coming and that's not good. but i just think the spending thing, you know, milton friedman taught us that's a tax cut. smaller government is effectively a tax cut. >> you measure the burden of government by spending, not by taxing. >> all right. do you think the fed -- this is the big question. people are worried about bonds. ten-year treasury bonds, right, have gone from about 140 last summer to about 2% today. upward move. so the fed's not really holding down bond prices -- bond rates even though they're buying so many. let me ask you, is the bond play a sucker play right now? if you think there's stronger growth coming and you see this stock market rally which has great legs, corrections or not, great legs, is it time to get out of bonds? >> yes, some investors, larry, have to be in bonds, they're benchmarked, certain liquidity and credit restraints. they have to be in treasuries. as an individual investor, you'd want to stay away from bonds. and if you were a speculative investor, you'd want a short bonds. t
and obama tax rates coming and that's not good. but i just think the spending thing, you know, milton friedman taught us that's a tax cut. smaller government is effectively a tax cut. >> you measure the burden of government by spending, not by taxing. >> all right. do you think the fed -- this is the big question. people are worried about bonds. ten-year treasury bonds, right, have gone from about 140 last summer to about 2% today. upward move. so the fed's not really holding down...
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Jan 24, 2013
01/13
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now house speaker john boehner says president obama is out to annihilate the republican party. we'll talk about all that with new hampshire senator kelly ayotte and our political panel in just a few moments. >> also, big time golfers phil mickelson, tiger woods, lebron james and derek jeter are all supply siders. we'll explain that later this hour. >> i wasn't involved in the talking points process. as i understand it, as i've been told, it was a typical interagency process where staff, including from the state department all participated to try to come up with whatever was going to be made publicly available. >> that of course was secretary of state clinton today on capitol hill saying she had no role in susan rice's false talking points on the benghazi consulate attack. but will we ever find out why ambassador rice denied the terrorist attack and misled the public saying this on "meet the press." >> what happened in benghazi was in fact initially a spontaneous reaction to what had just transpired hours before in cairo. >> and will we ever get a full answer on exactly what hap
now house speaker john boehner says president obama is out to annihilate the republican party. we'll talk about all that with new hampshire senator kelly ayotte and our political panel in just a few moments. >> also, big time golfers phil mickelson, tiger woods, lebron james and derek jeter are all supply siders. we'll explain that later this hour. >> i wasn't involved in the talking points process. as i understand it, as i've been told, it was a typical interagency process where...
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Jan 29, 2013
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so you want to get reimbursed for spending a lot of money to develop them. but then again, we all have this problem with keeping health care costs down and obama care wants generic competition for biologics. what's the right road to take there? >> you know, joe, we've been in this industry for over 135 years. for us, we've taken a focus and we pursue both small molecule as well as bioological routes to address some of the most oppressing diseases out there. if you take alzheimer's, we have the biologic but we have a base inhibitor in phase two -- >> would you pay a lobbyist, would you get lobbyists for eli lilly to try to make it that you don't have to have generic competition for biologics, is that something eli lilly would do, or do you go along with it? >> well, remember, in the affordable care act we did get an extension in terms of data protection, as we should be, to at least 12 years. we believe that's very important for us to have a reasonable period to generate return on investment that we make in r&d. we still are the industry that invests the most
so you want to get reimbursed for spending a lot of money to develop them. but then again, we all have this problem with keeping health care costs down and obama care wants generic competition for biologics. what's the right road to take there? >> you know, joe, we've been in this industry for over 135 years. for us, we've taken a focus and we pursue both small molecule as well as bioological routes to address some of the most oppressing diseases out there. if you take alzheimer's, we...
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Jan 26, 2013
01/13
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obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capit capital, should be a no-brainer and it's ridiculous that it's continue tended where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis, multiple falls. richard quest is fresh off the bunny slope. ♪ my friends are al ♪ my friends, they do surround me ♪ ♪ i hope this never ends ♪ and we'll be the best of friends ♪ ♪ all set? all set. [ male announcer ] introducing the reimagined 2013 chevrolet traverse, with spacious seating for up to eight. imagine that. >>> all right. richard quest joins me now. he is the host of "quest means business" on cnn international. a perennial all-star in davos. richard, give our viewers a look at what this place, davos, and the world economic forum is really like
obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capit capital, should be a no-brainer and it's ridiculous that it's continue tended where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis,...
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Jan 24, 2013
01/13
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cuts and the obama administration is not going to give it to them. and you are going to watch the u.s. do crazy, crazy things this year. >> if you are right on those crazy, crazy things, then the rest of us are in for a dreadful, dread full time? >> dreadful. it is going to be so strange for the richest country on earth to cross their arms and say i'm not paying. imagine crossing your arms. you are going to see it this year. >> reporter: now, we have been asking our guests here for the riskometer. on this side we have is the u.s. a bigger threat to global growth in 2013. on this side the e.u. lutnic thinks the u.s. is by far the bigger. as you look overall most people still seem to believe europe is the biggest threat in 2013. by the way, speet tweet me wher think the biggest threat is. >> very official looking. did you make that yourself? >> don't you mock it? it works and it is doing a good job. >> we will have people tweet you and see what they feel about all of this but a lot of power players weighing in on whether or not there is greater risk he
cuts and the obama administration is not going to give it to them. and you are going to watch the u.s. do crazy, crazy things this year. >> if you are right on those crazy, crazy things, then the rest of us are in for a dreadful, dread full time? >> dreadful. it is going to be so strange for the richest country on earth to cross their arms and say i'm not paying. imagine crossing your arms. you are going to see it this year. >> reporter: now, we have been asking our guests...
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Jan 26, 2013
01/13
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and then president obama asked me to be secretary of state. and i said yes. why did he ask me? and why did i say yes? because we both love our country. >> clinton is expected to spend this last week in washington. no more trips, but i mean, come on, she already set the record for most countries visited by a secretary of state. she topped the 100 mark last july. >>> all right. you have to admit, it seemed like an odd pairing at the beginning, obama and clinton. many wondered whether their partnership would implode in a public way. but they, instead, became trusted friends. >> reporter: barack obama and hillary clinton have faced questions together before. here in a 2008 presidential debate with cnn's wolf blitzer. >> i don't want to end the war, i want to end the mind set that got us into war in the first place. that's the kind of leadership i intend to provide as president of the united states. >> and, of course -- >> senator clinton, that's a clear swipe at you. >> really? >> back then, it was a very different relationship in the midst of an already bitter rivalry. >> while i
and then president obama asked me to be secretary of state. and i said yes. why did he ask me? and why did i say yes? because we both love our country. >> clinton is expected to spend this last week in washington. no more trips, but i mean, come on, she already set the record for most countries visited by a secretary of state. she topped the 100 mark last july. >>> all right. you have to admit, it seemed like an odd pairing at the beginning, obama and clinton. many wondered...
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Jan 24, 2013
01/13
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but the fact is, if our primary legislative goals are to repeal and replace the health spending bill, to end the bailouts, cut spending and shrink the size and scope of government, the only way to do all of those things is to put someone in the white house who won't veto any of these things. >> after that, democrats worried republicans were trying to annihilate the democratic party, in part by trying to destroy unions, the most vivid example of that, wisconsin. the republican governor successfully pushed a bill that stripped collective bargaining rights for most public unions. ohio and michigan followed scott walker's lead with mixed success. and now it seems the tables have turned. now if you believe boehner, the democrats want to annihilate the gop. so the talkback question for you, do you agree with boehner? will obama try to annihilate the republican party? facebook.com/carolcnn, or tweet me @carolcnn. i'll be right back. neutrogena® rapid wrinkle repair has the fastest retinol formula. to visibly reduce fine lines and wrinkles in just one week. neutrogena®. >>> good morning. th
but the fact is, if our primary legislative goals are to repeal and replace the health spending bill, to end the bailouts, cut spending and shrink the size and scope of government, the only way to do all of those things is to put someone in the white house who won't veto any of these things. >> after that, democrats worried republicans were trying to annihilate the democratic party, in part by trying to destroy unions, the most vivid example of that, wisconsin. the republican governor...
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Jan 27, 2013
01/13
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obama has instituted and the growth rate of this country, even if we do not spend another dime over what we spend currently, it will take 128 years to resolve those trillions and trillions of dollars that we know. i have graduate students that could not tell you what $1 trillion is. what makes you think politicians can? >> stay with us for a moment. i want to read you a headline from where our last guest was from. with the national economy ticking up, states are poised to finally rebound from the recession lingering revenue crunch. continued budget delays may dampen those prospects. for all the talk about the fiscal cliff, states already know what a free fall in revenue feels like. tell us about what you think kentucky is facing. you talk about the debt and the deficit, but how these federal issues affect your state? >> politicians tend to use political mouth. they use of false of bass lines and artificial parameters in which they said the equations. the congressional budget office is a political institution designed by politicians to protect politicians. it does not use genuine mass. th
obama has instituted and the growth rate of this country, even if we do not spend another dime over what we spend currently, it will take 128 years to resolve those trillions and trillions of dollars that we know. i have graduate students that could not tell you what $1 trillion is. what makes you think politicians can? >> stay with us for a moment. i want to read you a headline from where our last guest was from. with the national economy ticking up, states are poised to finally rebound...
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Jan 26, 2013
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i think this is the future to collect the taxes and spending. we have to do something about this $16.30 trillion national debt. host: our last call is from alaska. caller: i would like to talk about the center. he is still in campaign mode. obama said you did not build that. that was the story. he was none talking about that. he is talking about the roads to get there. even after the election he was lying. we talked about the media as part of the problem we asked which station the people listening to, over half the room clapped and reference. there are just as guilty as anybody. we have time for one more call. you're on the republican line. caller: i would like to ask why we are legalizing so many illegals that are coming across the border. in the meantime cutting back spending for doctors' for all people -- for all people so doctors do not want to see people over 65 because it does not pay for their time. i feel like this is a way to get of old people and bring in illegals and give them the government benefits. i like to hear that address. than
i think this is the future to collect the taxes and spending. we have to do something about this $16.30 trillion national debt. host: our last call is from alaska. caller: i would like to talk about the center. he is still in campaign mode. obama said you did not build that. that was the story. he was none talking about that. he is talking about the roads to get there. even after the election he was lying. we talked about the media as part of the problem we asked which station the people...
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Jan 26, 2013
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i think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real alternative. host: this tweet -- jeb bush of florida has this in the wall street journal this morning on solving the immigration puzzle. jeb bush says there is no line. guest: i would be with him. and i thought that romney's attacks on rick perry and newt gingrich were not fair on immigration. mitt romney was supposed to be the moderate candidate and rick perry was the right-winger. rick perry was the one who was more forward-looking and more liberal on immigration, which would have served the party better. romney by pandering to what he thought or parts of the republican base on immigration. when he men
i think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real...
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Jan 27, 2013
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. >> tomorrow on washington journal we'll talk about president obama's use of executive power. then a look at climate change on legislation and congress. and later a discussion about dop mat i can security worldwide with former interior to algeria ronald knewman. >> we've created a platform that we call digital health feedback system. and the main components of that platform are a sensor you swallow. it sends information to a wearable patch on your torso that collects information about the medicines you swallow and your heart rate and sleep,temperature, a lot of things what we call a panel of fiss logical and it commune indicates with a blue tooth phone you carry and it can help you manage your own health. >> i think we're at an inflection point. we've had all these incrementle amazing changes over the last five years and now we're poised to make great leeps in these complex disease. our understanding of cancer the last five years as dwarfed the last 25 and the next ten years will take us into some amazing advances. >> technology mont night on the communicate tors at 8:00 easte
. >> tomorrow on washington journal we'll talk about president obama's use of executive power. then a look at climate change on legislation and congress. and later a discussion about dop mat i can security worldwide with former interior to algeria ronald knewman. >> we've created a platform that we call digital health feedback system. and the main components of that platform are a sensor you swallow. it sends information to a wearable patch on your torso that collects information...
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Jan 24, 2013
01/13
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it is humbling to be here before you in this new role as president obama's nominee as secretary of state. but my approach to this role, if confirmed, is deeply informed but the 28-plus years i've been privileged to spend in the senate. that perspective will remain with me if confirmed as secretary, and i'm already excited by the many ways we can work together and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i am particularly aware that in many ways, the greatest challenge to america's foreign policy will be in your hands, not mine. while it is often said that we cannot be strong at home if we are not strong in the world, these days of fiscal crisis, and as a recovering member of the super committee, i am especially cognizant of the fact that we cannot be strong in the world unless we are strong at home. the first priority of business, which will affect my credibility as a diplomat and our credibility as a nation, as we work to help other countries create order, the first priority will be t
it is humbling to be here before you in this new role as president obama's nominee as secretary of state. but my approach to this role, if confirmed, is deeply informed but the 28-plus years i've been privileged to spend in the senate. that perspective will remain with me if confirmed as secretary, and i'm already excited by the many ways we can work together and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i...
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Jan 24, 2013
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will we spend enough to safeguard the investment we made there? i agree with the words by president obama. host: we have about 15 minutes left with our guest. henry is calling from kentucky henry from kentucky is calling. caller: people around the world have always considered the american people the most uninformed and the most obtuse of any nation. i think is because the mainstream media distorts the truth so much and present the facts as they want the people to hear and see. the information that you get on the internet is a lot more reliable, because you can do research about who wrote it and what not. i find conflicting things that you say about what is going on iran the globe -- around the globe. the gun violence, there are staged events to get people behind the gun and assault ban -- host: let's move on to florida. joseph, are you there? caller: how old were you in 1957? guest: i was-years old. host: why do you ask? caller: because you are really informed on what is going on in current times, and back in the 1950's when we used to do covert o
will we spend enough to safeguard the investment we made there? i agree with the words by president obama. host: we have about 15 minutes left with our guest. henry is calling from kentucky henry from kentucky is calling. caller: people around the world have always considered the american people the most uninformed and the most obtuse of any nation. i think is because the mainstream media distorts the truth so much and present the facts as they want the people to hear and see. the information...
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Jan 24, 2013
01/13
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it's humbly to hear before you in this new role as president obama's nominee for secretary of state, but my approach to this role, if confirmed, is also deeply informed by the 28-plus years that i have been privileged to spend in the senate. that perspective will remain with me, if confirmed, as secretary. and i'm already excited by the many ways that we can work together and in which we must work together. in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i'm particularly aware that in many ways the greatest challenge to america's foreign policy will be in your hands, not mine, because while it's often said that we can't be strong at home if we're not strong in the world, if these days of fiscal crisis and as a recovering member of the supercommittee, i am especially cognizant of the fact that we can't be strong in the world unless we're strong at home. and the first priority of business, which will affect my credibility as a diplomat and our credibility as a nation, as we work to help other countries create order, the
it's humbly to hear before you in this new role as president obama's nominee for secretary of state, but my approach to this role, if confirmed, is also deeply informed by the 28-plus years that i have been privileged to spend in the senate. that perspective will remain with me, if confirmed, as secretary. and i'm already excited by the many ways that we can work together and in which we must work together. in order to advance america's security interests in a complicated and ever more...
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Jan 25, 2013
01/13
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it's humbly to hear before you in this new role as president obama's nominee for secretary of state, but my approach to this role, if confirmed, is also deeply informed by the 28-plus years that i have been privileged to spend in the senate. that perspective will remain with me, if confirmed, as secretary. thei'm already excited by many ways that we can work together and in which we must work together. in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i'm particularly aware that in many ways the greatest challenge to america's foreign policy will be in your hands, not mine, because while it's often said that we can't be strong at home if we're not strong in the world, if these days of fiscal crisis and as a recovering member of the supercommittee, i am especially cognizant of the fact that we can't be strong in the world unless we're strong at home. and the first priority of business, which will affect my credibility as a diplomat and our credibility as a nation, as we work to help other countries create order, the first
it's humbly to hear before you in this new role as president obama's nominee for secretary of state, but my approach to this role, if confirmed, is also deeply informed by the 28-plus years that i have been privileged to spend in the senate. that perspective will remain with me, if confirmed, as secretary. thei'm already excited by many ways that we can work together and in which we must work together. in order to advance america's security interests in a complicated and ever more dangerous...
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Jan 25, 2013
01/13
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i think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real alternative. host: this tweet -- jeb bush of florida has this in the wall street journal this morning on solving the immigration puzzle. jeb bush says there is no line. guest: i would be with him. and i thought that romney's attacks on rick perry and newt gingrich were not fair on immigration. mitt romney was supposed to be the moderate candidate and rick perry was the right-winger. rick perry was the one who was more forward-looking and more liberal on immigration, which would have served the party better. romney by pandering to what he thought or parts of the republican base on immigration. when he men
i think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real...
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Jan 28, 2013
01/13
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spending was the reason that congress and president obama raised the debt ceiling by $2.1 trillion just a year and a half ago. now, in 2006, the junior senator from illinois, senator obama, came to the floor, made a very passionate and thoughtful statement here on the senate floor in opposition to raising the debt limit. many of the reasons that he gave then are relevant today. in fact, they are even more appropriate because the national debt is much, much higher. and we have a fiscal mess. it's instructive for my colleagues to hear the words straight from then-senator obama. he delivered these remarks on march 16, 2006. at that time the senate was debating raising the debt limit by $781 billion to a new limit then that seems very small today, about half what it is today, raising the limit of 2006 to $8.9 trillion. so i thought it would be worth for the president's benefit as well as our benefit to go over what then-senator, now-president obama had to say, and so i'm going to quote partially from his speech. and this is from 2006, dealing debate -- -- quote -- "the fact that we are here
spending was the reason that congress and president obama raised the debt ceiling by $2.1 trillion just a year and a half ago. now, in 2006, the junior senator from illinois, senator obama, came to the floor, made a very passionate and thoughtful statement here on the senate floor in opposition to raising the debt limit. many of the reasons that he gave then are relevant today. in fact, they are even more appropriate because the national debt is much, much higher. and we have a fiscal mess....
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Jan 25, 2013
01/13
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this role, if confirmed, is also deeply informed by the 28 plus years that i have been privileged to spend in the senate. that perspective will remain with me if confirmed to secretary, and i'm already excited by the many ways that we can work together and in which we must work together in order to advance america's security interest and a complicated and ever more dangerous world. i would add that i am particularly aware that in many ways the greatest challenge to america's foreign-policy will be in your hands, not mine. his was often said that we can be strong and no before not strong in the world, and these days of fiscal crisis and as a recovering member of the super committee, i am especially cognizant of the fact that we can't be strong in the world and thus were strong at home . the first priority of business which will affect my credibility as a diplomat and our credibility as a nation, as we work to help other countries create order the first per it will be that america at last put its own fiscal house in order. i really can't emphasize to you enough talent. this is. people all ov
this role, if confirmed, is also deeply informed by the 28 plus years that i have been privileged to spend in the senate. that perspective will remain with me if confirmed to secretary, and i'm already excited by the many ways that we can work together and in which we must work together in order to advance america's security interest and a complicated and ever more dangerous world. i would add that i am particularly aware that in many ways the greatest challenge to america's foreign-policy will...
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Jan 31, 2013
01/13
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when are we going to have any new spending cuts? this would at least start in a modest way reasonable spending cuts. thank you, madam president. the presiding officer: would the senator call up his motion. mr. vitter: yes, madam president. i call up the motion to commit. the presiding officer: the clerk will report. the clerk: the senator from louisiana, mr. vitter, moves to commit the bill, h.r. 325, to the -- mr. vitter: madam president, i ask to waive reading of the whole. the presiding officer: without objection. mr. baucus: madam president? the presiding officer: the senator from montana. mr. baucus: madam president, we've -- we've essentially already voted on this. this is very similar to the portman amendment which lost by a vote of 54-44. this approach was rejected by the house of representatives when the speaker sent over his debt increase to us which gives us breathing room. we tried this approach suggested by the senator in august of 2011. it didn't work. this moves us backward, not forward. and i think we should give pra
when are we going to have any new spending cuts? this would at least start in a modest way reasonable spending cuts. thank you, madam president. the presiding officer: would the senator call up his motion. mr. vitter: yes, madam president. i call up the motion to commit. the presiding officer: the clerk will report. the clerk: the senator from louisiana, mr. vitter, moves to commit the bill, h.r. 325, to the -- mr. vitter: madam president, i ask to waive reading of the whole. the presiding...
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Jan 29, 2013
01/13
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we are looking at unprecedented cuts in spending on national security. we are looking at the prospect of drawing down and, drawing down from afghanistan. we are looking at a lot of changes. not just here in the united states but in the world. one of the questions i know that we have is whether we are ready for those changes. i suspect that most of us believe we are not. tom, maybe you could start out and talk a bit about the sequestration that paul ryan told us this weekend is quote going to happen. i'll give you the mic. >> well, it's a prediction that at this point seems like a certainty, but i would argue it's near certainty. once the sequestration provision was written into the budget. sal talk a bit about sequestration per se, but i really regarded as a symptom and not the disease itself. the disease itself is the erosion of the point of vanishing almost of the bipartisan political consensus for military strength, for key strength, people used to see. and that's really something that over the course of my career has been a touchdown that people coul
we are looking at unprecedented cuts in spending on national security. we are looking at the prospect of drawing down and, drawing down from afghanistan. we are looking at a lot of changes. not just here in the united states but in the world. one of the questions i know that we have is whether we are ready for those changes. i suspect that most of us believe we are not. tom, maybe you could start out and talk a bit about the sequestration that paul ryan told us this weekend is quote going to...
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Jan 30, 2013
01/13
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mcconnell: a few weeks ago president obama reported that -- a few weeks ago president obama reportedly said that america doesn't have a spending problem. this is completely at odds with what independent experts tell us and what is perfectly apparent to anybody who is alert. and last week i brought this chart behind me to the floor to illustrate the point. as everyone knows, we're running trillion-dollar annual deficits. what this chart shows is the gap between government spending and revenue just keeps getting wider and wider and wider. so let's take a look at it. the occupant of the chair is relatively new to the senate, but not new to the facts. the green area here represents both historic and projected tax revenue. the blue area here, the dark blue area, as you can see, really kind of flat line flatlit here to 2014, is the new revenue that the president got at the end of the new year as a result of the law. the tax rates sunsetted, expired at midnight on new year's eve. the congress then wisely continued the current tax rates for 99% of americans, made those rates permanent so you w
mcconnell: a few weeks ago president obama reported that -- a few weeks ago president obama reportedly said that america doesn't have a spending problem. this is completely at odds with what independent experts tell us and what is perfectly apparent to anybody who is alert. and last week i brought this chart behind me to the floor to illustrate the point. as everyone knows, we're running trillion-dollar annual deficits. what this chart shows is the gap between government spending and revenue...
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Jan 29, 2013
01/13
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CURRENT
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she said i just can't spend my life going on tv and being angry all the time. >> but that's what she does. >> stephanie: [ inaudible ] told babe buchanan that the republican campaign was just a hot mess. and she responded this is just a bump in the road. >> not disparaging realtors by any means. >> stephanie: no! no! >> [ inaudible ] we don't like them. >> stephanie: no. seventeen minutes after the hour. if i paid at attention during our go to meeting yesterday, i would know we are supposed to talk about our go to meeting now. >> yes. >> stephanie: and that's why we use go to meeting when we can't be in the same room together. and did you want to be in the same room together yesterday? >> no, hell no. >> stephanie: people call in sick. >> oh, yeah. >> stephanie: that's why you need go to meeting by citrix. the fastest way to meet with coworkers no matter where you are or how you are feeling. collaborating on documents in real time while seeing each other in hd video. you can join anywhere even present -- [♪ magic wand ♪] >> stephanie: from your ipad. >> wow. >> stephanie: i love
she said i just can't spend my life going on tv and being angry all the time. >> but that's what she does. >> stephanie: [ inaudible ] told babe buchanan that the republican campaign was just a hot mess. and she responded this is just a bump in the road. >> not disparaging realtors by any means. >> stephanie: no! no! >> [ inaudible ] we don't like them. >> stephanie: no. seventeen minutes after the hour. if i paid at attention during our go to meeting...
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Jan 24, 2013
01/13
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CURRENT
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four years ago when the republicans sat in a room on the night of barack obama inauguration, planning on how to destroy his presidency. >> stephanie: yes. >> and anybody thought they were taking a break from that plan -- >> stephanie: don't you love that mcconnell said the inauguration speech was -- a lot of liberalism. to a country we still believe is center right. oh, okay. you continue to believe whatever you want to believe -- >> and romney is going to win in november. i don't know who their pollster is, but they need to hire a new one. and 95% of it was perfectly main stream. this country is center left, and the sooner the republican party gets wise to it, the better for them. >> stephanie: yes, and on each and every issue, americans agree with him, so if that is center right -- >> the right-wing anti-gays came out with tweets saying gay people have all of the rights that everybody else has. that's how delusional they are. >> stephanie: right. here is bill o'reilly. >> not one democrat asks mrs. clinton a tough question. come on, that's appalling. mrs. clinton doesn't really have
four years ago when the republicans sat in a room on the night of barack obama inauguration, planning on how to destroy his presidency. >> stephanie: yes. >> and anybody thought they were taking a break from that plan -- >> stephanie: don't you love that mcconnell said the inauguration speech was -- a lot of liberalism. to a country we still believe is center right. oh, okay. you continue to believe whatever you want to believe -- >> and romney is going to win in...
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Jan 24, 2013
01/13
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FBC
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if you want to talk about putting someone in a deposition, the republicans allowing obama to be obama and the in the senate to continue to spend than to rack up these insane deficits and debt and go to the 26 -- the 2014 elections we think? >> well, there is no grand strategy. instead they are engaging in skirmishes they cannot win. lou: response to what i suggest that they do. we know the history. that is one of the reasons you're suggesting a different approach. >> i happen to agree with you. nothing that's abroad when look at things. creating enough small ads, small discussions with the american public to make it work, but they have to be very disciplined and do it. the problem, they have multiple taxes. shooting at the leaders command is very difficult. a very difficult position. lou: in a overcome the leaders? >> other people coming at them? i think that leaders worked their way up the system. newt gingrich as an example. over a decade, building the party committing candidates elected committed not just come in one day -- lou: he was the savior and he blew the party up in '96. he
if you want to talk about putting someone in a deposition, the republicans allowing obama to be obama and the in the senate to continue to spend than to rack up these insane deficits and debt and go to the 26 -- the 2014 elections we think? >> well, there is no grand strategy. instead they are engaging in skirmishes they cannot win. lou: response to what i suggest that they do. we know the history. that is one of the reasons you're suggesting a different approach. >> i happen to...
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Jan 24, 2013
01/13
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FBC
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a boost for the economy without the government spending a dime, getting closer. 53 senators, including nine departments wrote to president obama urging him to approve the pipeline bringing canada's oil to america. a big natural gas company opens books on fracking to the epa. the end result could be a lot more american natural gas production. think about that. jobs, cheap, reliable energy moving forward and a democrat senator pushing for it will join us in minutes. ♪ all right. as i said a moment ago, we'll be joined by one of the democrat senators who signed that letter to president obama urging approval of the keystone pipeline. he will be here ten past ten eastern this morning, this program. to the big board, close to an all-time record high. the dow is now at 13,834 #, up 55 points. to nicole, apple's numbers disappoint, and, boy, is that stock taking a downturn, go. >> oh, big time, down almost 10% right now at $463. out all the people who paid $700 for apple with high hopes of the iphone 5 and apple tv and the next latest product to see it disappoint. >> the soft story of the da
a boost for the economy without the government spending a dime, getting closer. 53 senators, including nine departments wrote to president obama urging him to approve the pipeline bringing canada's oil to america. a big natural gas company opens books on fracking to the epa. the end result could be a lot more american natural gas production. think about that. jobs, cheap, reliable energy moving forward and a democrat senator pushing for it will join us in minutes. ♪ all right. as i said a...
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Jan 27, 2013
01/13
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FOXNEWS
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and then for barack obama spending 50 million on his second inauguration, the times wrote fundraising is lagging so far for inaugural plans. and lamenting the fact that in this economy $50 million was tough to raise. just an interesting point. >> next on news watch. hillary clinton serves it up and the press reacts. >> what difference, at this point, does it make? >> hillary clinton finally answers questions about the benghazi debacle. delivering a powerful performance to convince lawmakers and the media to see it her way. did it work? find out next on news watch. y te a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur >> with all due respect, the fact is would have four dead americans. was it because of a protests or because of guys out for a walk one night who decided they would
and then for barack obama spending 50 million on his second inauguration, the times wrote fundraising is lagging so far for inaugural plans. and lamenting the fact that in this economy $50 million was tough to raise. just an interesting point. >> next on news watch. hillary clinton serves it up and the press reacts. >> what difference, at this point, does it make? >> hillary clinton finally answers questions about the benghazi debacle. delivering a powerful performance to...
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Jan 26, 2013
01/13
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FOXNEWS
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and then for barack obama's spending 50 million on his second inauguration, the times wrote, fund raising is lagging so far for inaugural plans. and lamenting the fact that in this economy, 50 million dollars was tough to raise. just an interesting point. next on news watch, hillary clinton serves it up and the press reacts. >> what difference at this point does it make? >> hillary clinton finally answers questions about the benghazi debacle delivering a powerful performance to convince lawmakers and the media to see it her way. did it work? find out next on news watch. power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help signi
and then for barack obama's spending 50 million on his second inauguration, the times wrote, fund raising is lagging so far for inaugural plans. and lamenting the fact that in this economy, 50 million dollars was tough to raise. just an interesting point. next on news watch, hillary clinton serves it up and the press reacts. >> what difference at this point does it make? >> hillary clinton finally answers questions about the benghazi debacle delivering a powerful performance to...
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Jan 29, 2013
01/13
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this produced by senate republicans blasts president obama for talking a good game on spending and debt but failing to deliver. >> we have kicked the can down the road. we're now at the end of the road. the debt ballooned by 50% so the president's rhetoric and message don't match up. >> they are talking about increasing taxes to hand the upcoming automatic cuts known as sequestration. >> remember, the american people still believe by overwhelming margin that the rich should contribute this. they believe medicare shouldn't whacked and discretionary spending has been hit hard already. >> republicans say the president and democrats have gotten the tax increase already. now g.o.p. leaders are calling on the democratic colleagues to develop a serious plan to address the nation's fiscal issues instead of engaging in political war. bret? >> bret: mike emanuel live on the hill. thank you. still ahead -- 12 surgeons, two arms and one very brave man. story you will have to see to believe. first, why is the federal government having such a hard time getting states to buy in to obamacare? ime... ma
this produced by senate republicans blasts president obama for talking a good game on spending and debt but failing to deliver. >> we have kicked the can down the road. we're now at the end of the road. the debt ballooned by 50% so the president's rhetoric and message don't match up. >> they are talking about increasing taxes to hand the upcoming automatic cuts known as sequestration. >> remember, the american people still believe by overwhelming margin that the rich should...
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Jan 30, 2013
01/13
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apparently president obama and landrieu, fox man is the straw man? >> it's very different arguments. mary's argument with all due respect to senator, is nuts. the idea that discretionary spending is not too high? the idea that this government is not too big? the idea isn't too large? this is not a fox news problem. this is a washington politician problem. i think they can try to find somebody else to blame all they want to. she has to go back home and explain why she is failing as a senator to do her job. in the senate when has no, sir passed a budget for three years. >> greta: i don't understand, both the president calling out fox and senator landrieu calling out fox even though it's fully in a 300 million plus country. we have three or four million viewers a night at a given time. why are they so terrified. they keep bringing up fox news. >> i think they are so used to having an elite media which protects them. it drives them crazy to have somebody who stands up and tries to explore the facts. i think they also believe they have a chance to browbea
apparently president obama and landrieu, fox man is the straw man? >> it's very different arguments. mary's argument with all due respect to senator, is nuts. the idea that discretionary spending is not too high? the idea that this government is not too big? the idea isn't too large? this is not a fox news problem. this is a washington politician problem. i think they can try to find somebody else to blame all they want to. she has to go back home and explain why she is failing as a...
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Feb 1, 2013
02/13
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president obama wants to preserve more spending, wants to cut the deficit by racing taxes. there are two different ideas of how to handle the economy. president obama won the election. the democratic party won the senate, and the republicans even lost a few seats in the house, so the democrats ar have just hd more momentum lately because they won. >> so what does that mean for us? >> well, it means -- it means that republicans are going to be fighting on the federal spening part but likely we're going to live in an economy that's structured according to president obama's wishes for the next four years because he got reelected. >> byron york, nice to see you from san francisco. always appreciate it. >> thank you, jenna. >>> the white house reaction to today's job report is this. the president's economic advisors saying critical investments are needed to promote job creation. that's part of the game plan. is more spending the answer here? former ohio democratic congressman and fox news contributor now dennis accuse k. spend what and spend it where? >> first of all, we can't b
president obama wants to preserve more spending, wants to cut the deficit by racing taxes. there are two different ideas of how to handle the economy. president obama won the election. the democratic party won the senate, and the republicans even lost a few seats in the house, so the democrats ar have just hd more momentum lately because they won. >> so what does that mean for us? >> well, it means -- it means that republicans are going to be fighting on the federal spening part but...
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Jan 30, 2013
01/13
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the idea that discretionary spending's not too high, the idea that this government's not too big, the idea that the deficit isn't too large, this is not a fox news problem, this is a wash politician problem. i think they can try to find somebody tolls blame all they want to. she has to go back home and explain why she's failing to do her job. by the way, in the senate, which is not passed a budget for 3 years. >> you know what i don't understand is both the president calling out fox and senator landrieu calling out fox. and fox has the most viewers and it's the number-1 cable news, it's fully universed in a 300-million-plus country. but we have three or four million viewers a night at a given time. why -- why are they so terrified that they keep bringing up fox news? what is so -- what is the impact on them? >> i think that they are so used to having an elite media which protects them, that it drives them crazy to have somebody who stands up and tries to explore the facts. and i think they also believe they have a chance to brow-beat fox and to try to sort of shove fox in line to beha
the idea that discretionary spending's not too high, the idea that this government's not too big, the idea that the deficit isn't too large, this is not a fox news problem, this is a wash politician problem. i think they can try to find somebody tolls blame all they want to. she has to go back home and explain why she's failing to do her job. by the way, in the senate, which is not passed a budget for 3 years. >> you know what i don't understand is both the president calling out fox and...
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Jan 26, 2013
01/13
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and the spending deal with president obama, pretty much out of control. so, i'm hoping that steve croft will will get some answers. that will be our lead story on monday night how kroft does. he is going to have to be firm and interrupt. believe me, i have interviewed both the president and the secretary of state. and you have to pin them down. all right? because both of them can do a half hour on one question. it's going to be a fascinating thing to watch. all right? that is the factor tip of the day. check it out on 60 minutes. that is it for us tonight. please check out the fox news factor web site which is different from bill o'reilly.com. also, we would like to you spout off about the factor from anywhere in the world. o'reilly at foxnews.com. witch to opine, word of the day, do not be mendacious when writing to the factor. i would be mendacious in the interview if i was lucky enough to get one with the president and secretary of state. but don't be mendaciou
and the spending deal with president obama, pretty much out of control. so, i'm hoping that steve croft will will get some answers. that will be our lead story on monday night how kroft does. he is going to have to be firm and interrupt. believe me, i have interviewed both the president and the secretary of state. and you have to pin them down. all right? because both of them can do a half hour on one question. it's going to be a fascinating thing to watch. all right? that is the factor tip of...
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Jan 28, 2013
01/13
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does president obama want to destroy the republican party? >> obviously republicans want to make sure the entitlement programs are here for future generations. right now for every dollar we spend on young people we are spending four dollars on seniors. right now in medicare the average person pays for one third of the cost of the medicare program. now, dick durbin for what it is worth has been one of those people willing sit down and solve that problem and i congratulate him on that. as far as the president's goal of annihilating the republican party. i will say that i was glad to see that the house was unified behind something recently as it relates to the fiscal issues and i think that is a backstop to that. the fact is the one thing the president didn't mention in his speech was the major fiscal issue that our nation faces. it was everything but that and to me that was disheartening. it is the one issue that before anything else we need to put in the rear view mirror to make our country stronger. >> chris: senator durbin you are a member o
does president obama want to destroy the republican party? >> obviously republicans want to make sure the entitlement programs are here for future generations. right now for every dollar we spend on young people we are spending four dollars on seniors. right now in medicare the average person pays for one third of the cost of the medicare program. now, dick durbin for what it is worth has been one of those people willing sit down and solve that problem and i congratulate him on that. as...
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Jan 24, 2013
01/13
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this role, if confirmed, is also deeply informed by the 28-plus years that i have been privileged to spend in the senate. that percent specht tiff will remain with me if confirmed as secretary. and i'm already excited by the many ways that we can work together, and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i'm particularly aware that in many ways the greatest challenge to america's foreign policy will be in your hands, not mine, because while it's often said that we can't be strong at home if we're not strong in the world, in these days of fiscal crisis, and as a recovering member of the super committee, i am especially cognizant of the fact that we can't be strong in the world unless we're strong at home. and the first priority of business, which will affect my credibility as a diplomat, and our credibility as a nation, as we work to help other countries create order, the first priority will be that america at last puts its own fiscal house in order. i really can't emphasize to you enoug
this role, if confirmed, is also deeply informed by the 28-plus years that i have been privileged to spend in the senate. that percent specht tiff will remain with me if confirmed as secretary. and i'm already excited by the many ways that we can work together, and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i'm particularly aware that in many ways the greatest challenge to america's foreign...
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Jan 25, 2013
01/13
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he said, "fair share" like he got ahold of the talking point from obama. >> eric: if you break down his yearly, annual income of $60 million a year. he made $3.5 million the last year we have stats for. but he made $57 million on sponsors, on advertisers who spend money to make sure that he sells the product. if half the country is liberal and half the country is conservative, half the people buying the products are going to be liberal. and they probably took issue with what he had said. the advertisers saying listen, you are alienating half of our customer base. walk it back. do it quickly or risk losing advertisers. >> andrea: if you look at what governor brown wants to do. there is proposition 30, hike up taxes for those making more than $250,000. 60% tax break. william la jeunesse found out businesses and individuals not just mickelson are leaving in droves. this is a problem in new york, new jersey, connecticut. so there is no money to pay for the big welfare state. they need to retain him. >> dana: a i. cycle. he shouldn't take advantage of the platform and his ability to speak to
he said, "fair share" like he got ahold of the talking point from obama. >> eric: if you break down his yearly, annual income of $60 million a year. he made $3.5 million the last year we have stats for. but he made $57 million on sponsors, on advertisers who spend money to make sure that he sells the product. if half the country is liberal and half the country is conservative, half the people buying the products are going to be liberal. and they probably took issue with what he...
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Jan 31, 2013
01/13
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obama issued a number of executive orders. >> bret: consumer spending slowed in desplat pite holiday season. income surged by 2.6%. the dow is down for second day in a row, falling 50 points. the s&p 500 dropped four. the nasdaq was off a fraction. senate signed off on pushing the debt limit deadline to may. senators prove the house bill that also includes provision some insiders are calling a bad idea whose time has come. chief political correspondent tells us more. >> they approved the house back no, budget no, pay bill with the current debt ceiling of $64 trillion in mid-may when it is estimated to be $50 million more. the house and senate have to pass budget by mid-april or member paychecks will be held. >> the united states could default on the obligation every few months. not an ideal way to run a government. a short-term solution is better than another imminent manufacturered crisis. >> house republicans passed budget in the obama era and created the salary threat so senate democrats who have not do so this year. >> republicans tried to pass amendments that prioritize payments
obama issued a number of executive orders. >> bret: consumer spending slowed in desplat pite holiday season. income surged by 2.6%. the dow is down for second day in a row, falling 50 points. the s&p 500 dropped four. the nasdaq was off a fraction. senate signed off on pushing the debt limit deadline to may. senators prove the house bill that also includes provision some insiders are calling a bad idea whose time has come. chief political correspondent tells us more. >> they...
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Feb 1, 2013
02/13
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over the last four years, especially when it comes to the money you're spending. going in and having a cold one at the super bowl party? the price for beer up 6.5% from four years ago. everybody loves chicken? for super bowl 43 chicken legs were 51 cents a pound. now it is 65. paying over 14% more. want a burger as you watch the big game, dig deeper. need cheddar on that burger, that's up 19%. $5.87 a pound. beef itself up 26% from 2009 to $3.08 a pound. talk about pain at the pump. if you need to fill up your car or your vehicle on the way to the super bowl bash, gas soared more than 56% since super bowl 43. the average price for a gallon of gas back then $1.93. now it's $3.42. >>gretchen: brian, i hope you went to the a.t.m. before you went off on your flight yesterday because it sounds like you're going to need a lot of cash to do all the partying that you plan on doing. >>brian: absolutely. i really don't want to work. i just am here to just have a good time. that is why my expense report is always like a circus. right behind me is the louisiana national guard
over the last four years, especially when it comes to the money you're spending. going in and having a cold one at the super bowl party? the price for beer up 6.5% from four years ago. everybody loves chicken? for super bowl 43 chicken legs were 51 cents a pound. now it is 65. paying over 14% more. want a burger as you watch the big game, dig deeper. need cheddar on that burger, that's up 19%. $5.87 a pound. beef itself up 26% from 2009 to $3.08 a pound. talk about pain at the pump. if you need...
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Jan 27, 2013
01/13
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even "new york times" front banner headlights, obama's clinton role agenda calling it liberal. >> the president wants to be a transformational president not by moving to the center but by pushing an agenda that involves higher taxes, more spending on social programs and no cuts in entitlements. we have problems with the debt, deficit, and entitlements and unless we take them on we do the country a disservice. >> it is like "i gotcha" and here is the real thing. bigger government and more taxes. what was interesting about the speech, it was so uncompromising in the sense there was no discussion whatever about the economy. i heard nothing about the economy or nothing about debt or the fact this country is going broke, it was about expanding government. as doug said, it, in an effort to move left, the reality of the times is going to fit in but he has made his hard play. that is what it was. >>gregg: americans want the deficit to be addressed but without medicare cuts. look at that poll, 58 percent, no cuts. what tour make of this? >> and 89 percent of the people do not want to change an
even "new york times" front banner headlights, obama's clinton role agenda calling it liberal. >> the president wants to be a transformational president not by moving to the center but by pushing an agenda that involves higher taxes, more spending on social programs and no cuts in entitlements. we have problems with the debt, deficit, and entitlements and unless we take them on we do the country a disservice. >> it is like "i gotcha" and here is the real thing....
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Jan 29, 2013
01/13
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state department after said abedini finds out he will spend the next eight years of his life in iran's most brutal prison for the crime of evan gellization. he is a christian. the white house is now saying that the obama administration has been actively helping the pastor's family. here is jay carney. >> we condemn iran's continued violation of the universal right of freedom of religion and we call on the iranian authorities to release mr. abedini. as you know the state department is in close contact with the abedini family. is actively engaged on this case. martha: interesting. that is not what we've heard when we've spoken with the family but the pastor's wife says the statent do, as i said is really not doing everything they can. she said every day counts. he is being tortured. they could do so much more. i have been so heart-broken. as low we're letting the iranian government lead with their interpretation what he has done wrong instead of protecting our american ideals. at the very least secretary clinton should publicly call for the unequivocal release of saeed abedini. in her op
state department after said abedini finds out he will spend the next eight years of his life in iran's most brutal prison for the crime of evan gellization. he is a christian. the white house is now saying that the obama administration has been actively helping the pastor's family. here is jay carney. >> we condemn iran's continued violation of the universal right of freedom of religion and we call on the iranian authorities to release mr. abedini. as you know the state department is in...